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Fri Jan 14, 2022, 08:23 PM

DirectTV to drop OAN.

New York (CNN Business)One America News, the right-wing conspiracy channel favored by former President Donald Trump, will be dropped later this year by DirecTV, a spokesperson for the television carrier said Friday evening.

The move will deal a significant blow to the fringe outlet. Not only will OAN be removed from the millions of households that use DirecTV as a television provider, it will also suffer a major hit to its revenue.

Reuters, citing sworn testimony that an OAN accountant gave in 2020, reported last year that 90% of the channel's revenue came from subscriber fees paid by AT&T-owned platforms, including DirecTV.

While DirecTV has since been spun off into a standalone company, AT&T (T) still owns 70% of it. (AT&T also owns CNN, though it is spinning off CNN parent company WarnerMedia in a deal with Discovery (DISCA) expected to be completed this year.).

It is unknown what proportion of the channel's revenue currently comes from DirecTV or how many households it will reach once DirecTV stops carrying it. But the network's website only lists a few other national carriers, Verizon FiOS most prominently among them.





https://www.cnn.com/2022/01/14/media/oan-directv/index.html

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Reply DirectTV to drop OAN. (Original post)
RandySF Jan 14 OP
Alexander Of Assyria Jan 14 #1
WarGamer Jan 14 #2
kysrsoze Jan 14 #3
LetMyPeopleVote Jan 15 #4

Response to RandySF (Original post)

Fri Jan 14, 2022, 08:25 PM

1. ATT has known for years it was hosting fascists and hate speech.Digest that for a moment

Speculating the lawyers and accountants advised the Board the cost of potential lawsuits outweighed the revenue and the corporate support of fascism will now need to be more muted.

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Response to RandySF (Original post)

Fri Jan 14, 2022, 08:32 PM

2. ATT accounted for 90% of OAN revenue

Ratings could have been less than 20k households.

Basically DirecTV is getting rid of OAN and keeping NewsMax which has high ratings.

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Response to RandySF (Original post)

Fri Jan 14, 2022, 09:09 PM

3. Why wait? Drop them now.

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Response to RandySF (Original post)

Sat Jan 15, 2022, 01:38 AM

4. This makes me smile

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